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UAE Start-up Visa

UAE Start-up Visa

UAE Start-up Visa, this program consists of registering a company and applying for a visa. The UAE Start-up visa is a program where you can get residency by starting a business, and Globevisa provides services for starting a company in the UAE, and applying for visas for employers and employees.

 

This work visa is a long-term visa, and can not apply for permanent residence and naturalization.

 

After the approval, it is necessary to land in Dubai within 60 days (visa can not be extended, after the expiration of the need to pay to re-submit for re-applying) for an ID card (EID card printing needs 5 working days).

 

Residence must not leave Dubai continuously for more than 6 months after obtaining the visa, otherwise the visa will be cancelled. That means at least once every 6 months.

Image by Gijs Coolen

Time to residency

1 month

Residency requirement

Must not leave Dubai for more than 6 months to maintain the visa validity.

Passport rank

14th in the world

Established time

Program launched in 1984

Taxation

No Individual Income Tax.

Corporate income tax: 0 or 9%

Value-added tax (VAT) at a rate of 5%, as well as other consumption taxes, customs duties, and land registration fees.

Image by Kent Tupas

Application Requirements

  1. The main applicant is 18-70 years old.

  2. Register a company in UAE

Program Benefits

100% controlled by foreign investor

Since July 2019, it has been permitted for foreigners to hold 100% of the shares in companies registered in the UAE, and there is no longer a requirement for local individuals to jointly hold the company.

Low-tax environmen

In June 2023, UAE introduced corporate income tax:
company's annual profit< 375,000 AED, the corporate income tax will be 0. 
company's annual profit≥ 375,000 AED, the corporate income tax will be 9%.

Least regulated

Free zones allow domestic and foreign investors to conduct trade, manufacturing, and other related intermediary services.

East-west heart

Located in the center of Asia, Europe, and Africa, it is suitable for expansion business centers.

Minimum tax resident

Stay in the UAE for 90 days to become a tax resident and open an overseas account.

World Financial Center

Dubai is investing $8.1 trillion in the next 10 years, and the growth of fintech has driven the annual revenue of the Dubai International Financial Center to exceed AED 1 billion.

Dubai City View
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